Govt Plans to Cater for Accommodation and Meals Under the Student’s Loan Scheme
The Higher Education Students Financing Board is planning to cater for accommodation and meals for all student beneficiaries of the Loan scheme with an aim to reduce the drop out due to lack of tuition.
The Uganda Students’ Higher Education Financing Scheme (Students Loan Scheme) is a fund intended to provide financing to Ugandan students who have qualified for higher education in recognized institutions of higher learning but are unable to support themselves financially.
Over 6700 students now are benefiting from the scheme that started six years ago.
The Government also plans to start giving loans to students who are pursuing master’s and doctorate come next academic year. The plan is to start with 1000 students on post graduate programmers.
The Executive Director of the Scheme, Micheal Wanyama, while speaking at an event where an agreement was signed to include ISBAT University to the Students Loan Scheme, said there is a proposal to extend the credit facility to 1000 privately funded students in universities and tertially institutions who may be financially stranded.
Currently there are 21 universities, nine public ones and 11 private ones who are allowed to admit students on the scheme.
The 1995 Constitution provides for protection and promotion of fundamental human rights and freedoms particularly under Chapter 4. Article 30 provides that all persons have a right to education and this is expounded in the preamble to the Constitution which provides for the National Objectives and Directive Principles of State Policy that directs the State to take appropriate measures to afford every Ugandan citizen equal opportunity to attain the highest educational standard possible.
The essence of the higher education financing scheme is to support the sector policy objective of increasing access to quality education in view of the large number of brilliant but needy students who are not among the 4,000 students sponsored by government and cannot raise fees for self-sponsorship.
In this regard, the Ministry of Education & Sports formed a Taskforce to put in place mechanisms that are going to kick start the activities for implementation of the student loan scheme.